Euro clearing relocation ‘will inform’ US cross-border policy

Isda AGM: CFTC’s Giancarlo says geography has been no barrier for EU CCPs in the US

cowboy euro_shutterstock-HIGHER RES
Roped in: European regulators have hinted at requiring CCPs clearing euro swaps to relocate to eurozone post-Brexit

A forced move of euro-denominated swap clearing to the eurozone will have an impact on the way the Commodity Futures Trading Commission (CFTC) approaches cross-border swaps-clearing supervision, the US regulator’s acting chairman has warned.

European regulators have strongly hinted at a requirement for the clearing of euro swaps at central counterparty clearing houses (CCPs), such as UK-based LCH, to be relocated to the eurozone after Brexit, given the systemic and liquidity risk that the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: